Quote:
Originally Posted by BooBop
EFT is a good tool for the salon but.... many have ruined it with the no commitment attitude. Why have EFT if you are not going to keep that money coming in all year? We have 12 month agreement. After that it rolls on until they cancel. Once I get the written cancelation notice, I charge the account one last time.
If they default, they are not allowed to resign. If they cancel, they can resign with a higher enrollment fee.
I really don't push this much anymore as so many have ruined it for the salons.
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i think there are too many Salon doing the "NO CONTRACT' thing now, which hurts when trying to make someone sign a contract.
we do a 3 month minimum when they sign up, and require a written 30 day cencellation notice, so this at the worst case scenarion, gives us 4 months of EFT. it's a crappy way to look at it, but we have had about 2-3% of oue eft members cancel after 1 month, so we changed to the 3 month minimum.